Chinese Vice Premier Han Zheng (second from right), accompanied by Coordinating Minister for Infrastructure and Transport Minister Koh Boon Wan (second from left), visited the Pasir Panjang Container Terminal.(Lianhe Zaobao)
Han Zheng, member of the Standing Committee of the Political Bureau of the Communist Party of China and Vice Premier of the State Council of China, visited Singapore today for a three-day visit.As soon as he arrived, he visited the Pasir Panjang Container Terminal accompanied by the Coordinating Minister of Infrastructure and Minister of Transport of Singapore, Xu Wenyuan, and the Senior Minister of State of the Ministry of Trade and Industry and the Ministry of Education, Xu Fangda.
After the visit, accompanied by Deputy Prime Minister and Coordinating Minister of National Security Teo Chee Hean, Han Zheng visited the statue of Deng Xiaoping by the Singapore River.
Immediately afterwards, Zhang Zhixian met Han Zheng at the Asian Civilization Museum and hosted a dinner for him.
As the Chinese chairman of the New Zealand-China Joint Committee, Han Zheng will co-chair the 14th meeting of the New Zealand-China Joint Council for Bilateral Cooperation (JCBC) with the New Zealand chairman Zhang Zhixian tomorrow, as well as the joint coordination of three intergovernmental cooperation projectsCouncil meeting series. ************* Li Keqiang: Further implement and improve policies and measures to support the development of the private economy
Li Keqiang said in his opening speech at the 2018 Tianjin Summer Davos Forum today (19th) that the individual tax reform should make the public feel that the tax burden has been reduced and the real income has increased.Li Keqiang said that consumption has become the main driving force of China's economic growth, and it is necessary to further promote the income of the masses through multiple channels and continue to enhance their consumption capacity.
The new Personal Income Tax Law will be implemented soon, and for the first time, 6 special additional deductions will be introduced for children’s education, continuing education, serious illness medical care, ordinary housing loan interest, housing rent, and elderly care expenses.The purpose is only one: to allow more people to benefit from the individual tax reform in a fairer way.
According to ChinaGovernment.com, when Premier Li Keqiang talked about the private economy in his opening speech, the audience applauded three times.
Li Keqiang reiterated that China will unswervingly adhere to the two principles, further implement and improve policies and measures to support the development of the private economy, resolutely eliminate all kinds of unreasonable obstacles hindering the development of the private economy, and relax the areas of private enterprise access promised by the government., we must step up efforts to supervise and promote.
The Premier said that in recent years, the Chinese government has taken various measures to solve the problems of financing difficulty and high cost for small, medium and micro enterprises, and the vast majority of small, medium and micro enterprises are private enterprises.Private enterprises not only contribute more than 50% of the country's tax revenue, but also support China's largest employment.
